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SMALL OILFIELD
Iran conflict exposes limits of energy transition, pushes world back to oil, gas and nuclearRecent global events, particularly the Iran conflict, have highlighted the continued reliance on hydrocarbons, pushing back EV targets and ...- Govt extends bid deadline for small oil blocksThe government has extended the bid submission deadline for the discovered small fields round. This is the fourth such auction. The new dea...
- Private Chinese firm producing oil in Venezuela under rare 20-year pact, source saysChina Concord Resources Corporation has started developing two oilfields in Venezuela. The company plans to invest over one billion dollars...
- Oilfield service consolidation to increase under Donald Trump, report saysOilfield services expect increased mergers in 2025. Deregulation under the new administration will fuel this trend. Oil producers have alre...
- India offers a special auction of discovered small oil and gas fieldsThe Indian government is offering three small oil and gas fields in an auction closing on July 15. The Directorate General of Hydrocarbons ...
- Oil rises on vaccine rollout, concern on Iraq oilfield attackU.S. West Texas Intermediate (WTI) crude futures rose 23 cents, or 0.5%, to $45.75 a barrel at 0200 GMT, while Brent crude futures climbed ...
- 13 pvt cos bid to operate ONGC's 64 fieldsA total of 13 private companies, including Oilmax Energy and Deep Industries, have placed bids for the operatorship of ONGC’s 64 small prod...
- Vedanta seeks U.S. oil services consortium for new India blocksThe company won 41 of the 55 blocks auctioned under India's first licensing round for small discovered fields earlier this year.
- Successful bidders at small petroleum field auction sign government contractsIndia announced winners of the first round of the DSF bid. Of the total 31 contracts to develop oilfields, 24 have gone to newcomers.
- Government to launch second round of small oilfield auctionLast month, India announced winners of the first round of the DSF bid, where successful bidders mostly included newcomers.
- Modi government may turn matchmaker to help bidders unite for oilfield saleGovt may play matchmaker between capital providers, tech firms and oilfield services firms to bid for 67 small discovered fields.
- Investors seek bigger area under small oilfieldsThe government is seeking investors for 67 small oil and gas fields in an auction that is underway and allows participants until October 31...
- Reconsider open bidding of 12 small and marginal oilfields of Assam: Prafulla Kumar MahantaThe former CM said the move to hand over small and marginal oil and gas fields is against the spirit of Assam accord, which was signed afte...
- Dharmendra Pradhan, Oil Ministry to pitch small oilfields to global investorsThe government will showcase its small, discovered oilfields to global investors at a global energy conference in Houston next week, seekin...
- Government to showcase small oilfields to global investorsThe government will showcase its small, discovered oilfields to global investors at a global energy conference in Houston next week.
- New auction policy on small oilfields allows companies to charge market priceThe new policy allows the operator to explore and produce all forms of hydrocarbons with one licence and charge market prices.
- HPCL approves joint venture for Rs 37,320 crore Barmer refineryHPCL board in its meeting on April 24 at Jaipur "approved formation of a joint venture company for Rajasthan Refinery at Barmer.
- 21 killed in Karachi air crashTwenty-one people, including at least one foreign national, were killed when a small aircraft belonging to a private charter service crashe...
- Very slippery ground in oilIs it a good strategy for India to follow China and buy up large oilfields abroad as energy security? ONGC is investing a few billions in p...
- Cairn seeks more land near Rajasthan oilfieldCairn India (CIL), a subsidiary of UK-based Cairn Energy, engaged in the development of oilfields in Rajasthan, has written a letter to the...
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